Macroeconomics covers basic economic concepts including resource scarcity, supply and demand, and the economic functions of households and businesses. We will also look at the role of government in providing public services, encouraging growth, and fighting inflation and unemployment. The course will also cover current economic events such as the national debt, tax cuts, and the actions of the Federal Reserve Board in setting interest rates. Students will also learn about economic statistical measures commonly reported by the news media.

ECN 231 is equivalent to first year macroeconomics courses in colleges and universities and transfers as an equivalent course. The course is intended for business or other majors who require economics as part of their program. However many students take it as an elective so they may become more knowledgeable about the US economy and the government's economic policies. The course benefits:

- business majors

- working people who want some understanding of economic forces affecting their jobs

- secretaries intending to become certified professional secretaries

- investors who need to understand the economy and economic data

There will be five tests during the semester, using mostly multiple choice questions. There will also be weekly homework assignments. Occasionally an unannounced quiz will be given (there will be no make ups on unannounced quizzes). Grades will be based on points earned on all tests, quizzes, and homework assignments. Class average will be used to determine the points needed for a 2.0 grade. Usually this is around 70%.

Macroeconomics by McConnell and Brue, 15th edition. Students are encouraged to purchase the accompanying study guide. The bookstore also has a booklet containing the lecture outlines that will be used in class. Many students find these helpful for note taking.

Students should plan to attend every class and read the assigned chapter before class so that we can discuss the day's material. If you miss class please contact the instructor to get any handouts or assignments. The class moves quickly so if you are having trouble be sure to see the instructor to get help. Students who did well in this class reported they spent at least six hours a week outside of class studying economics. Tutors will be available, ask the instructor.

The course covers a lot of material quickly. Please turn in assignments on the due date. Turning in assignments late means students fall behind and may have trouble catching up. If tests cannot be taken on the scheduled date, another time may be arranged if the instructor is notified in advance. If problems arise that would prevent successful completion of the course, please notify the instructor so that a solution may be worked out. 

Phone: 796-8563 Leave a message and I will return your call that day.

Fax: 796-8632

Email: mark_schopmeyer@jackson.cc.mi.us